net profit of THB 2,902 mn, an increase of 2.8% YoY despite higher financing cost from additional interest-bearing debt following the acquisition of GLAND in September 2018. CPN has nevertheless

higher share of profit from joint ventures and associated companies, despite incurring higher financing cost from additional interest-bearing debt following the acquisition of GLAND in September 2018 and

for delivering to allocated persons or returning to lenders according to the obligation of over allotment of shares; (9) “over allotment of shares” means allotment of shares to subscribers in the amount

to allocated persons or returning to lenders according to the obligation of over allotment of shares; (9) “over allotment of shares” means allotment of shares to subscribers in the amount exceeding the

end of 2017. The Company’s debt to equity ratio was 1.59 times while the interest bearing debt to equity ratio was 1.29 times. Management Discussion and Analysis Q1/2018 Page 4/4 JAS Asset Public

from 1. the group recovering bad debt in 2017 of Baht 3.62 million which led to a decrease in expenses in 2017. However, there was no recovered bad debt in quarter 1/2018. 2. Increase in staff expenses

customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the

priority to maintain interest-bearing debt to equity ratio in an optimal level. At the end of the year, interest-bearing debt to equity ratio was 1.17. During the past 3 years, MK Group was able to improve

shareholder’s equity stood at 1.55 million baht as ending of 31 December 2018 The Company debt to equity ratio stood at 1.55 times and the Interest-Bearing Debt ratio was 1.28 times. Forward Looking The Company

make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of 8.50% per annum of the amount on bills of exchange counting